New York Fed's March Empire State Manufacturing Index fell to -0.2, missing expectations of 3.2 and dropping 7.3 points from February's 7.1, as shipments declined and input costs eased, though firms maintained optimistic six-month outlook despite survey being conducted after Iran war began.
#YonhapInfomax #EmpireStateIndex #NewYorkFed #ManufacturingActivity #NewOrders #BusinessOutlook #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=110181
New York Fed March Manufacturing Index Stalls, Missing Market Expectations
New York Fed's March Empire State Manufacturing Index fell to -0.2, missing expectations of 3.2 and dropping 7.3 points from February's 7.1, as shipments declined and input costs eased, though firms maintained optimistic six-month outlook despite survey being conducted after Iran war began.
The New York Fed reports that the natural rate of interest (R-star) has risen by about 100 basis points since the pandemic, driven by declining Treasury appeal, global debt surges, and productivity gains from AI, signaling a shift in global financial conditions.
#YonhapInfomax #NewYorkFed #NaturalRateOfInterest #TreasuryYield #GovernmentDebt #ArtificialIntelligence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=106979
New York Fed Estimates Rise in R-Star as Treasury Appeal Declines
The New York Fed reports that the natural rate of interest (R-star) has risen by about 100 basis points since the pandemic, driven by declining Treasury appeal, global debt surges, and productivity gains from AI, signaling a shift in global financial conditions.
The New York Fed estimates US year-end inflation at 2.83%, above the Fed's 2% target, citing data distortions from the government shutdown and raising the prospect of further rate hikes.
#YonhapInfomax #NewYorkFed #USInflation #CPI #FederalReserve #InterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105813White House NEC Chairman Kevin Hassett condemned a New York Fed report on tariffs as "disgraceful," disputing its findings that U.S. consumers and businesses bear most tariff costs and calling for disciplinary action against the authors.
#YonhapInfomax #KevinHassett #NewYorkFed #Tariffs #USConsumers #Inflation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105726
Hassett Calls New York Fed Tariff Report 'Disgraceful'—Urges Disciplinary Action - Yonhap Infomax
White House NEC Chairman Kevin Hassett condemned a New York Fed report on tariffs as "disg
The New York Fed expects to significantly slow its reserve management purchases of Treasury bills after mid-April, maintaining a high pace through tax season to ensure ample reserves, with future purchase volumes subject to market and liquidity conditions.
#YonhapInfomax #FederalReserve #ReserveManagementPurchases #TreasuryBills #Liquidity #NewYorkFed #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105398
New York Fed Official Says Reserve Management Purchases of T-Bills to Be Significantly Reduced After Mid-April
The New York Fed expects to significantly slow its reserve management purchases of Treasury bills after mid-April, maintaining a high pace through tax season to ensure ample reserves, with future purchase volumes subject to market and liquidity conditions.
New York Fed 1-Year Inflation Expectations Fall to 6-Month Low—Job-Seeker Confidence Rebounds from Record Low
U.S. consumer inflation expectations for the next year fell to a six-month low at 3.1%, while job-seeker confidence rebounded from record lows, according to the New York Fed’s latest survey.
The dollar-yen exchange rate plunged to its lowest level since November as markets braced for potential joint intervention by US and Japanese authorities, following a reported rate check by the New York Fed and official statements signaling readiness to act against speculative moves.
#YonhapInfomax #DollarYen #JointIntervention #NewYorkFed #ExchangeRate #YenWeakness #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=102015
[Tokyo Foreign Exchange Market]Dollar-Yen Plunges Amid Speculation of US-Japan Joint Intervention
The dollar-yen exchange rate plunged to its lowest level since November as markets braced for potential joint intervention by US and Japanese authorities, following a reported rate check by the New York Fed and official statements signaling readiness to act against speculative moves.
Japanese Prime Minister Sanae Takaichi warned that the government will take all necessary measures against speculative and abnormal movements in the foreign exchange market, as the dollar-yen rate fell below 155, its lowest since December, following a rate check by the New York Fed.
#YonhapInfomax #SanaeTakaichi #ForeignExchange #DollarYen #NewYorkFed #SpeculativeMovements #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101879
Japanese Prime Minister Warns on FX Market—'All Necessary Measures Against Speculative and Abnormal Movements'
Japanese Prime Minister Sanae Takaichi warned that the government will take all necessary measures against speculative and abnormal movements in the foreign exchange market, as the dollar-yen rate fell below 155, its lowest since December, following a rate check by the New York Fed.
The New York Fed's Empire State Manufacturing Index rebounded to 7.7 in January, signaling renewed expansion and surpassing market forecasts, with input and selling price growth slowing and firms maintaining optimism for future conditions.
#YonhapInfomax #EmpireStateIndex #NewYorkFed #Manufacturing #Expansion #MarketExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100145
New York Fed's January Manufacturing Index Returns to Expansion, Surpasses Market Expectations
The New York Fed's Empire State Manufacturing Index rebounded to 7.7 in January, signaling renewed expansion and surpassing market forecasts, with input and selling price growth slowing and firms maintaining optimism for future conditions.
New York Fed President Calls Powell an Exemplary and Incorruptible Leader
New York Fed President lauds Jerome Powell as an exemplary and incorruptible leader, underscoring confidence in Federal Reserve leadership.
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